(1) The Treasury may by regulations make provision about the fiscal consequences of the exercise of the power to make a mandatory reduction instrument or a stabilisation power.
(2) Regulations may relate to -
(a) capital gains tax;
(b) corporation tax;
(c) income tax;
(d) inheritance tax;
(e) stamp duty;
(f) stamp duty land tax;
(g) stamp duty reserve tax.
(3) Regulations may apply to -
(a) anything done in connection with an instrument or order;
(b) things transferred or otherwise affected by virtue of an instrument or order;
(c) a transferor or transferee under an instrument or order;
(d) persons otherwise affected by an instrument or order.
(4) Regulations may -
(a) modify or disapply an enactment;
(b) provide for an action to have or not have specified consequences;
(c) provide for specified classes of property (including securities), rights or liabilities to be treated, or not treated, in a specified way;
(d) withdraw or restrict a relief;
(e) extend, restrict or otherwise modify
…